Phoenix & Southwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Harvard Investments Buys Goodyear’s King Ranch
Harvard Investments already has a significant presence in Goodyear. Harvard owns Estrella, a 20,000-acre mixed-use master-planned community, FirstStreet Ballpark Village in Goodyear, a 251-unit, single-family build-to-rent community scheduled to begin leasing in late 2023, and in partnership with Lincoln Property Company, is developing Goodyear AirPark, a 7 million square foot industrial development on 565 acres adjacent to Phoenix-Goodyear Airport.
Arizona Big Media reports Harvard has now added another large land acquisition to its portfolio, the $22 million purchase of the King Ranch master-planned community.
Harvard Investments bought the 1,864-acre asset from HE Capital KR LLC. HE Capital bought the land in 2008, owning it for 15 years but did not move forward with development.
